News & Press Releases

Invest Buffalo-Niagara President and CEO Tom Kucharski said the plant here beat out a plant in near Boston for the expansion dollars.

“People show up and they work hard and that’s something that resonates in a lot of these even far-advanced processes and manufacturing techniques,” Kucharski said. “Those are the kind of employees that they want to have and operate in a place where you have good, consistent low-cost power and a variety of factors that you don’t have elsewhere.”

Scroll all the way down to #66 to see a taste of Buffalo. Congratulations LaunchTech!

‘This is a great moment for the City of Buffalo, to see population growth in our city for the first time in 70 years,’ Mayor Byron Brown said.

Jenna Kavanaugh to talk about the “Be in Buffalo” initiative and what the census numbers mean.

Driven by a sharp increase in Asian and multiracial residents, the city’s population grew to 278,349 people from 261,275 in 2010, its first such gain since the 1950 census.

“They can’t believe we’re able to recruit so many vibrant, smart people at such a rapid pace,” Kosinski said. “The test scores we give internally to our new hires are higher than anywhere else in North America, and our retention rate is 98%.” Kosinski sees Odoo as part of a broader movement to make tech a primary economic force in Buffalo.

Squire, the maker of software specifically aimed at businesses that trim men’s hair and beards, on Wednesday announced a new round of funding that triples its valuation to $750 million just under a year since it received its last venture round less than a year ago.

Uncertainty about opening Canadian border keeps international business guessing.